Dearborn v. Washington Savings Bank

Citations

• 13 Wash. 345
• 42 P. 1107
• 1895 Wash. LEXIS 99

Syllabus

<p>BANKS—DEPOSITS — SPECIAL OR GENERAL.</p> <p>A deposit in a bank for which a duplicate general deposit slip is given on which is written “ security for signing bond to be held by bank,” against which the depositor subsequently draws a check payable to “ certificate, of deposit,” suchas would be necessary to draw out funds on general deposit, for which he receives two certificates of deposit, one to be held by the surety aforesaid and the other to secure another set of bondsmen, the first of which was paid by the bank upon the depositor’s indorsement, is not a special deposit which will be impressed with a trust in the hands of a receiver of the bank, although the depositor did not understand the effect of .the papers received and signed by him.</p>